Tuesday, November 04, 2008



20081104 1715. FKLI futures 15 min uptrend, with the 1 (cyan) and 3 (blue) day trend, being the 27 and 81 ema respectively. Stay on the right side and one should be ok (in a trending market). If there is no trend, then too bad lor.

Tomorrow is going to be exciting day in the markets.(never thought I can call trading exciting) The United States Presidential election day results will trickle in morning in the Asian time zone. I can remember in 2000, the FKLI gyrated and bought up or sold off in reaction to Reuters headlines, which my partner at the time read off the Reuters monitor. If one is adventurous, the betting agencies can take your bet on all or any outcome you choose.(see image of Ladbrokes election site)!!

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"There is the plain fool who does the wrong thing at all times anywhere, but there is the Wall Street fool who thinks he must trade all the time."J Livermore Manchester City FCl Crude Palm Oil

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From Dragons and Bulls by Stanley Kroll
Introduction and Foreword
The Importance of an Investment Strategy
5 The Art of War, by Sun Tau (circa 506 BC) and The Art of Trading Success (circa AD 1994)
That's the way you want to bet
Long-term v Short term trading
Technicals v Fundamentals
Perception v Reality
Part 1: Winners and Losers
Part 2: Winners and Losers
Sun Tzu: The Art of War
Those who tell don't know, those who know don't tell
Why there is no such thing as a "bad market"
The Secret to Trading Success
The Experts, do they know better?
Risk control and money management
Larry Hite: The Billion Dollar fund Manager
Systems Trading:Kroll's Suggested Method
Buy the Strength Sell the Weakness
Good advice
The 'good bets' business by Larry Hite
Don't lose your shirt
Ed Sykota's secret trend trading system